Builder not Subject to Escrow Requirements

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In JPG Enterprises, Inc. v. McLellan, 31 So.2d 821 (Fla. 4th DCA 2010), the court held that home builder was not subject to the escrow requirements of Section 501.1375, Florida Statutes because the owners had title to the land.  Section 501.1375 requires that certain deposits be held in escrow by a developer when the owner does not have title to the land unless the buyer waives the escrow in writing.



Trenton H. Cotney
Board Certified in Construction Law
Trent Cotney, P.A.
1207 N Franklin St, Ste 222
Tampa, FL 33602
(813) 579-3278

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